Futures trading involves buying or selling a financial asset at a predetermined price on a specific future date. It's commonly used in markets like commodities, stocks, and cryptocurrencies (e.g., Bitcoin). Traders use it to speculate on price movements or hedge against risks. Unlike spot trading, futures allow leverage—meaning you can control larger positions with less capital, increasing both potential gains and losses. Success in futures trading requires strong risk management, market analysis, and emotional discipline.